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Non-Tech : Any info about Iomega (IOM)?
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To: Andrew Balto, Jr. who wrote (8680)10/12/1996 11:10:00 PM
From: Mama Bear   of 58324
 
>>>One idea that I have is
that Iomega may be waiting till after third quarter earnings to pay these
rebates so the fourth quarter earnings are impacted INSTEAD of this quarter.<<<

Nice thought, but GAAP accounting will require IO to account for the
rebates this quarter. It would be monkey business to do otherwise.

Barb
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